So if we want to have our beach houses, lets not blame AGW, but deal with facts. If we want to have nice houses there, there is price to pay [What percentage of American beach houses is owned by poor people?]

LONDON, Nov 16 (Reuters) - The world is increasingly saturated with hitherto scarce high-quality light crude with Europe's market to join the United States in a surplus, traders say, predicting a scramble to export to Asia and a global shortage of once abundant heavy oil.

The shale oil boom has pushed U.S. production to the highest in more than 15 years and sharply cut its appetite for oil from Nigeria or Algeria as most of its domestically produced barrels are similarly light and low-sulphur, or sweet.